The fest will take place June 14 - 22.
Sixteen films compete for the festival's main Jin Jue Award, which is heavy on European entries. Local films are represented by Hasichaolu's Urtin Duu and Gao Qunshu's Old Fish (a.k.a. Nick Of Time) young directors whose careers have been nurtured by the festival.
Shanghai-born director Wong replaces the late Anthony Minghella as president of the Jin Jue Award jury. His fellow jury members are German producer Ulrich Felsberg, Danish director Bille August, Israeli writer Gila Almagor, Japanese actress Kaori Momoi, Chinese actress Joan Chen and Chinese director Huo Jianqi.
Ten first-time directors compete for the Asian New Talent Award. Their films include local black comedy Lucky Dog, Singapore relationship drama Gone Shopping and Taiwan youth drama Exit No. 6.
Ulrich Gregor, former head of the Berlinale Forum, is president of the Asian awards jury.
SIFF will screen 290 movies in 27 cinemas across Shanghai. The event offers the rare opportunity to see new Chinese films with screenings of 66 local features from among the 402 films officially produced last year. It also includes tributes to Shaw Brothers classics and to Anthony Minghella.
While there are no North American films in competition, the Coen Brothers' No Country For Old Men, Paul Thomas Anderson's There Will Be Blood and Matt Reeves' Cloverfield are among films screening in the festival, an important gateway for producers seeking Chinese distribution.
Jin Jue Award competition films
+1 (Russia) Oksana Bychkova
8 Days To Premiere (Finland) Perttu Leppa
Forever The Moment (South Korea) Yim Soon-rye, South Korea
The Friend (Switzerland) Micha Lewinsky
Loss (Lithuania) Maris Martinsons
Love By Accident (Argentina) Ines Braun
Mukha (Russia) Vladimir Kott
My Mother's Tears (Germany) Alejandro Cardenas-A
Old Fish (China) Gao Qunshu
Paris (France) Cedric Klapisch
Second-Hand Wedding (New Zealand) Paul Murphy
The Taste Of Fish (Japan) Shingo Matsubara
Urtin Duu (China) Hasichaolu
Vaclav (Czech Republic) Jiri Vejdelek
The Viceroys (Italy) Roberto Faenza
Women's Conspiracies (Greece) Vassilis Vafeas
Asian New Talent Award competition films
Lucky Dog (China) Zhang Meng
Kagbeni (Nepal) Bhusan Dahal
Ganglamedo (China) Dai Wei
18 Grams Of Love (Singapore) Han Yew Kwang
Gone Shopping (Singapore) Li Lin Wee
Exit No. 6 (Taiwan) Lin Yu-hsien
Kei Doro (Japan) Kazuya Hayashi
Thirsty, Thirsty (South Korea) Hong Hyeon-gi
Off Road (South Korea) Han Seung-ryong
Winds Of September (Taiwan) Tom Lin